Japanese authorities spent 9.79 trillion yen ($62.23 billion)intervening in the foreign-exchange market to support the yen over the past month, in moves that kept the currency from testing new lows ... ( read original story ...)
Serial Moomoo Ads Featuring “Result-Oriented Investing” Turn Live in Tokyo
Moomoo Partners with Actor Yutaka Matsushige in The Journey to Pursue Excellence TOKYO, May 31, 2024 /PRNewswire/ -- Online trading platform moomoo lighted up Tokyo city with its iconic orange color ... ( read original story ...)
Harvard Law’s Saeed Ahmad Announces Completion of IP Research on Luxury Brands in Japan
Saeed Ahmad, a Harvard Law student, conducted extensive research in Tokyo on IP protection strategies of luxury conglomerates, supervised by ... ( read original story ...)
Crypto ‘re-staking’ platforms boom as traders chase bigger returns
More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.
Japan Stocks Finish Higher at Close; Nikkei 225 Rises by 1.27%
Japan’s stock market exhibited positive momentum, witnessing a notable uptick as the Nikkei 225 index surged by 1.27% by the end of the trading session. This upward trajectory was primarily buoyed by ...
Dollar steadies before awaited inflation test, yen brushes off Tokyo CPI
Official data showed overnight that the US economy grew at an 1.3 per cent annualised rate from January through March ... ( read original story ...)
Japanese businesses are trapped between America and China
In 1996 revenue booked by the foreign subsidiaries of Japanese manufacturers was just 7% of their total sales. Last year that figure reached 29%, a record high. Two markets have been central to this ... ( read original story ...)
Cosmetic clinics surge in Japan’s big cities, but so do complaints
Japan's cities are seeing a sharp rise in the number of clinics offering beauty treatments such as hair removal and cosmetic surgery. But the increase is accompanied by a sharp rise in complaints and ... ( read original story ...)
Japan’s retail sales rises more than expected in April, industrial production unexpectedly fall
Japan's retail sales rises more than expected in April, while industrial production unexpectedly falls. Industrial production in Japan was down 0.1% month-over-month in April 2024, missin.
Japanese funds will unlock powerful virtuous cycle: podcast
Pushy foreigners helped boost short-term value in the Nikkei stock index. In this Exchange podcast, Hiroyuki Otsuka, CEO of Newton Investment and ex-Carlyle executive, explains how local asset managers will create the next wave of gains and usher in dramatic change for Japan.
Japan’s household spending seen rising for first time in 14 months: Reuters poll
Japan is expected to post its first year-on-year rise in household spending in 14 months, a Reuters poll showed on Friday, although the tepid growth is likely to highlight persistent weakness in the ... ( read original story ...)
Tokyo inflation picked up in May, keeping BOJ on track for rate hike
Inflation in Tokyo accelerated in May, keeping the Bank of Japan largely on track to consider a rate hike in coming months even as the economy continues to show signs of weakness. Consumer prices ... ( read original story ...)
Japan’s Nikkei ends at one-month low
TOKYO: Japan’s Nikkei share average ended lower for a third consecutive session on Thursday, tracking the headwind from a slump on Wall Street while a spike in global yields also dampened sentiment.
Dollar steadies before inflation test; yen brushes off Tokyo CPI
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year, while investors braced for inflation ...
Japan will respond to excessive foreign exchange movement, finance minister says
Japan will take appropriate action against excessive currency movement, Minister of Finance Shunichi Suzuki said on Friday, stressing the importance of stability in the foreign exchange market.Suzuki ...
Why Japan is clamping down on host clubs
Some 21,000 male hosts work at 900 of these lucrative establishments but opaque prices for drinks and a "slippery debt system" have attracted the attention of the authorities, said Unseen Japan, and ... ( read original story ...)